Kingdom Holding Acquires 70% of Saudi Al-Hilal Club

Kingdom Holding Company, chaired by Prince Alwaleed bin Talal, announced today, Thursday, its acquisition of a 70% stake in Saudi Al-Hilal Club, in a deal valued at approximately 840 million Saudi Riyals.

This move is considered one of the most significant sports investment deals in Saudi football, amid a substantial expansion in club financing and the development of their administrative and financial structures.

The acquisition is part of a broader trend to enhance investment in the sports sector within Saudi Arabia and to increase the competitiveness of clubs at both local and continental levels.

The entry of the new investor is expected to positively impact the club's artistic and marketing projects in the upcoming phase, alongside the ongoing institutional transformation in the management of sports clubs.